President's Message

Mission Statement

To help our clients improve their operations and profitability through the two separate, but interrelated, means of...

...joint problem solving discussions
...introduction of new/alternative products, procedures, or techniques

becoming a "de facto" member of the client's operating team providing consistent and immediate follow-up on problem solving discussions/requests.

Hallmark

To improve a client's profitability by providing excellent service and superior products, consistently, without question.

Overview

The Pressure Sensitive Label industry has just made new record sales as the 2004 1.3 trillion Canadian economy finished with a modest 2 1/2% growth rate. The prime and non-prime Pressure-Sensitive Label market demonstrated renewed vigor and strong growth and the secondary Pressure-Sensitive Label market proved itself again as it has for some years! In 2005, our North American Pressure-Sensitive label industry, strengthened by NAFTA, will continue to amaze everyone as it rises above the $5,000,000.000 U.S. level. Yes $5 billion! and it is further projected to grow to $6.5 billion U.S. by the year 2008.

During 2005, we anticipate that our stable economy overall will maintain its positive trend. Economic growth this year will likely be about 3%, perhaps the strongest gain in the G8 countries. The inflation rate is expected to remain subdued. Even the unemployment rate, which has dropped below the 7% level may go even lower. However Canadian Exports are expected to continue to weaken with our dollar presently around .80 cents (u.s.) expected to touch .90 cents (u.s.) this year or next.

Governments have wrestled their chronic deficits to the ground. At the federal level, the books are balanced for the first time in nearly 30 years. There's even talk of a tax cut next year and we anticipate that the market for Pressure-Sensitive labels will grow nicely even as down sizing of larger corporations continues to occur.

The print and media industry is confronting one of the greatest technological challenges since the invention of the printing press. Processes are rapidly changing, while entirely new media are appearing at an astounding rate. However - one thing is certain: there is no substitute for the numerous benefits of print media. For this reason the printing industry has excellent prospects in the next millennium. Traditional printing technology is undergoing an impressively dynamic development. Proven efficient processes and new technology enable manufacturers to produce a wider variety of innovative products. Integrating the various steps in the process is crucial: pre-press stages, printing, paper converting and the production of packaging material are amalgamating. The common element binding them is consumer demand.

There can be no mistaking the trends in technology; increasing productivity is all that matters. This means higher printing speeds and shorter changeover times, speeding up the integration of each production step. Speed, quality, availability, environmental compatibility and economic efficiency are decisive factors in competition.

Even in the age of electronic media and the Internet, printed information has not lost its importance or fascination. On the contrary: even more is being printed. The printing press is still the core component of the intricate production system due to the high-tech output system used in manufacturing printed media. Technological changes lead to new services and enhanced cooperation with customers. Technology such as computer-to-film or computer-to-plate, as well as integrated production methods are certain to make the printing industry competitive in becoming a media service provider. There is most definitely a future in printing.

For years now the production of packaging labels has been the epitome of a growing market. While package design used to be rather plain, packaging labels are now being produced to the highest demands. Legal regulations require extremely safe processes and materials. Print buyers are expecting even higher quality in order to support their product and brand strategies. Modern packaging labels provide information and attractive presentation which are indispensable if they are to gain a competitive position on the world market. Modern materials are flexible, resilient, and have a wide variety of different designs. Today's business operations have to meet high specifications: the market expects high quality and short delivery periods at low cost. At the same time pressure from the competition is also growing.

When Industry leaders examine today's market and the outlook for the future, what do they see? In the prime label market, "New Age" beverages are here and growing. Glass bottles and clear film labels with translucent adhesives are making this market a success. Film release liners have contributed to these outstanding labels. The label converter, who wants to grow in the prime market, has to print on film and has to deliver high quality graphics. The industry leaders strolling through the supermarket have to be pleased as it is obvious that cans with glue on labels have less and less shelf space. More plastic containers are everywhere and they are decorated with conformable labels! It is both rewarding and challenging to be part of this growth market!

What do the industry leaders see in the secondary label market? Here is the muscle and strength of the business. It is driven by computer based information handling and with it the computer driven printer is playing a major role. These printers are labelling almost everything that moves. The business form is giving way to labels more and more. The old standby dot matrix printer is dated technology as it does not have an effective ability to print bar codes. Direct thermal labels have been joined by thermal transfer labels and now RFid labels are in the market.

New "Linerless" label technology will reduce landfill waste and decrease consumption of our precious resources. Digital liquid ink combined with pressure sensitive materials are about to leave their mark on the label business. History shows us the impact of new developments on our lives. Now liquid ink technology is built into the digital press and the label industry delivers another option to the print buyer. Our company is in the right place at the right time!

Strategy

Precision Label and Tag Inc.
# 9 - 1250b Reid Street,
Richmond Hill, Ontario Canada L4B 1G3
Telephone: 905-764-3745 or 1-800-465-1522 Fax: 905-764-7523
Email: plt@onramp.ca

Copyright © 1987 Precision Label & Tag All rights reserved.

Created: 11/12/96 Updated: 01/14/04